Which committee, headed by C. Rangarajan, was set up to develop guidelines for disinvestment of public sector enterprises and submitted its report in 1993?
Answer and explanation
Correct answer: D. Rangarajan Committee
- Step 1: A committee headed by C. Rangarajan was set up to develop guidelines for disinvestment, submitted its report in 1993, and proposed allowing disinvestment of up to 49% in companies reserved for the public sector. Answer: Rangarajan Committee. Why not the others: Tandon Committee, Narasimham Committee and Abid Hussain Committee don't fit.
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